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BOI to channel 80% large enterprise loans towards

  • 16th August 2026

Airtel, Starlink debut satellite-to-mobile connectivity in Africa

  • 15th August 2026

PwC flags gaps in new NRS virtual asset

  • 15th August 2026

Nigeria’s exports to China jump 80% to $2.3bn

  • 15th August 2026

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Apple unveils new commission rates for external app payments

Tech

BOI to channel 80% large enterprise loans towards priority

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NCAA to make RFID baggage tracking mandatory at airports

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RMAFC completes review of Nigeria’s revenue allocation formula

Finance

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NACC leadership vows to deepen US-Nigeria trade relations
News

NACC leadership vows to deepen US-Nigeria trade relations

The newly inaugurated leadership of the Nigerian-American Chamber of Commerce has pledged to strengthen economic ties between Nigeria and the United States, with a renewed focus on trade facilitation, innovation, and expansion. Speaking in Lagos during his inauguration as the 20th President of the NACC, Sheriff Balogun committed to driving greater engagement between the two […]

The Nigerian equities market closed in positive territory on Thursday, with investors pocketing a gain of N239bn in market capitalisation
News

Nigerian stocks rebound as investors gain N239bn

The Nigerian equities market closed in positive territory on Thursday, with investors pocketing a gain of N239bn in market capitalisation, reversing earlier losses from a sluggish start to the week. The bounce-back came after a shortened four-day trading week due to the Easter holidays. Figures from the Nigerian Exchange Limited (NGX) revealed that the market […]

FG launches BisonFly project to slash air travel costs across MDAs
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FG launches BisonFly project to slash air travel costs across MDAs

In a strategic move to curb the rising cost of air travel within Ministries, Departments, and Agencies, the Federal Government has unveiled the BisonFly Project — a centralized, technology-driven travel management system. The initiative, designed by the Federal Ministry of Finance, aims to introduce a more structured and cost-efficient approach to official air travel. According […]

Oil and Gas

NNPC targets $60b investments, three million bpd output by 2030 — Ojulari

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited has unveiled an ambitious growth plan for the company, stating that under his leadership, NNPC aims to secure $30 billion in sectoral investments by 2027, increasing to $60 billion by 2030. In addition, the company is targeting a steady crude oil production level […]

Banking

CBN warns banks to strengthen sanctions compliance framework 

The Central Bank of Nigeria has issued a fresh directive to banks, payment service banks, and fintech firms, warning them to strengthen their sanctions compliance frameworks or face enforcement actions. In a circular signed by Amonia Opusunju for the Director of the Compliance Department, the CBN emphasized the obligation of all financial institutions to adhere […]

New SEC regulation to enhance transparency in bank recapitalization
News

SEC flags CBEX as unregistered digital exchange

The Securities and Exchange Commission of Nigeria has issued a strong warning against Crypto Bridge Exchange, stating that the platform is not registered or regulated to operate as a digital assets exchange in the country. In a circular released Thursday, the SEC revealed that CBEX, which also goes by names like ST Technologies International Ltd […]

US considers equity stakes in chipmakers under CHIPS act
News

Trump exempts Nigeria from global embassy closure – Report

The United States government, under President Donald Trump, is reportedly set to shut down several embassies and consulates across Africa and other regions, according to a report by CNN. Citing an internal document from the U.S. State Department, the report reveals that about 30 diplomatic missions around the world are slated for closure as part […]

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FG to settle N2tn GenCos debt by December

The Minister of Power, Adebayo Adelabu, has revealed that the federal government plans to pay off N2 trillion out of the N4 trillion owed to power generation companies (GenCos) by the end of the year. The payment will be made through a combination of cash and promissory notes. Adelabu, stated that the N2 trillion to […]

News

IMF warns global economy faces slowdown amid rising trade tensions

The head of the International Monetary Fund, Kristalina Georgieva, has cautioned that the global economy is poised to slow down due to escalating trade tensions, particularly those stemming from United States-led protectionist measures. However, she emphasized that a global recession is not anticipated. Speaking on Thursday ahead of next week’s IMF Spring Meetings in Washington, […]

Instagram introduces TikTok-inspired fast-forward feature for Reels
News

Instagram launches ‘Blend’ feature to share reels with friends

Instagram has introduced a new feature called Blend, which allows users to create personalized Reels feeds shared with friends. Announced on Thursday, the feature is designed to add a more social, interactive layer to the platform’s short-form video experience. Blend feeds are refreshed daily with curated Reels tailored to the tastes of the members involved. […]

News

Shein, Temu raises prices for US shoppers as tariff changes take effect

Fast-fashion giants Shein and Temu have announced plans to raise prices for United States customers starting April 25. The decision comes in response to a new wave of tariffs imposed on Chinese imports under former President Donald Trump’s trade policies. According to the Associated Press, the new measures include a 145% tariff on Chinese-made goods […]

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